PRELIMINARY investigations to determine whether safeguard duties should be imposed on imported newsprint, and galvanized iron (GI) and pre-painted galvanized iron (PPGI) to protect local industries will be completed by January and February, respectively.
FOREIGN and local companies yesterday strongly opposed the petition filed by Puyat Steel Corp. with the Department of Trade and Industry (DTI) to impose safeguard duties on imported galvanized iron (GI) and pre-painted galvanized iron (PPGI) sheets and coils, which allegedly cause “serious injury” to the local industry.